Registered number.. N1039420
Charity number: NIC100204
WAVE TRAUMA CENTRE
(A company limited by guarantee)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

WAVE TRAUMA CENTRE
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2023
Restricted Unrestricted
fund5
funds
2023
2023
Total
funds
2023
Total
funds
2022
Note
Income from:
Donations and legacies
Ch8ritable activities
other trading activities
Investments
14,799
14,799
3,441,761
11,049
1,571
19,060
2,984, 735
4,307
976
3,441,761
11,049
1,571
Total income
3,441.761
27,419
3,469,180
3,009, 078
Expenditure on:
Raising funds
Charitable activities
2,826
3,383,088
2,195
4,660
5,021
3,387,748
10,811
2,761,716
Total expenditure
3,385,914
6,855
3,392,769
2, 772,527
Net income before net (losses)Igains
on invèstments
Net {losses)19ains on investm9nts
55,847
20,564
(7.921)
76,411
(7,921)
236,551
4, 134
Net movement in funds
55,847
12,643
68,490
240, 685
Reconciliation of funds:
Total funds brought forward
Net movement in funds
818,519
55,847
476,135
12,643
1,294,654
68,490
1,053,969
240,685
Total funds ¢arried forward
874,366
488,778
1,363,144
1,294, 654
The Statement of financial activilies includes all gains and losses recognised in the year.
The notes on pages 31 to 59 form part of these flnancial statements.
Paqg 27

WAVE TRAUMA CENTRE
(A company limited by guarantee)
REGISTERED NUMBER: N1039420
BALANCE SHEET
AS AT 31 MARCH 2023
2023
2022
Note
Fixed assets
Intangible assets
Tanglble assets
Investments
13
14
9,098
688,255
69,489
16,855
711,858
77,411
15
766,842
806,124
Current assets
Debtors
Cash at bank and in hand
16
357,918
542,151
532,252
442.368
900,069
974,620
Creditors.. amounts falling due within one
year
17
{303,7671
(486, 090)
Net current assets
596,302
488,530
Total assets less current liabilities
1,363,144
1,294,654
Net assets exGluding pension asset
1,363,144
1,294, 654
Total net a55ets
1,363,144
1,294,654
Charity funds
Restricted funds
Unrestricted funds
19
19
874,366
488,778
818.519
476,135
Total fund5
1.363,144
1,294,654
The Trustees acknowledge their ￿spOnsibl11t18S for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to
the small Gompanies regime.
The financial statements We￿ approved and authorised for issue by the Trustees on 30 September 2023 and
signed on Iheir behalf by=
Paga 28

WAVE TRAUMA CENTRE
(A company limited by guarantee)
REGISTERED NUMBER: N1039420
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023
Drma
nnon-Fletcher
The notes on pages 31 to 59 form part of these financial ststements.
Page 29

WAVE TRAUMA CENTRE
IA company limited by guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023
2023
2022
Cash flows from operating activities
Nel cash used in operating activities
99,783
108,564
Cash flows from investTng activities
Net cash provided by Investing actlvlties
Cash flow5 from financing activities
Net Gash provided by financing activlties
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
99,783
108,564
442,368
333.804
Cash and cash equivalents at the end of the year
542,151
442,368
The notes on pages 31 10 59 form part of these financial slatements
Page 30

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
General information
WAVE Trauma Centre is a company limited by guarantee. The company is incorporated in Northern
Ireland and has the company number N1039420. The registered office address and principal place of
business is 5 Chichester Park Soulh, Belfast, BT15 5DW. The principal activity of the company is to
SUPPOrt those bereaved and imjured as a result of The Troubles.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP IFRS 102)
Accounting and Reporting by Charities: Statement of Recommended Practice applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of I￿land (FRS 102) (effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
WAVE Trauma Centre meets the definition of a public beneflt entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwlse stated in the
relevant accounting policy.
2.2 Income
All income is recognised once the Company has entitlem8nt lo the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is depend8nt on establishing entitlement, the probability of
receipt and the ability to estimate with sufficient accuracy the amount receivable. EvidenGe of
entitlement lo a legacy exists when the Company has sufficient evidence that a gift has been left to
them (through knowledge of the existence of a valid will and the death of the benefactor) and the
executor is satisfied that the property in queslion will not be required lo satisfy claims in the estate.
Receipt of a legacy must be recognised when it is probable that it will be received and the fair value
of the amount receivable. which will generally be tha expected cash amount to be distributed to the
Company, can be reliably measured.
Grants are included in the Statement of financial activities on a receivable basis. The balance of
income received for specific purposes but not expended during the period is shown in the relevant
funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its
recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before income is rec8ived, the income is accrued.
Income tax recoverable in relation to invesbnent income is recognised at the time the investment
income is receivable.
Page 31

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies (oontlnued)
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can b& measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support cosls
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which 8re
not attributable lo a single activity are apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on raising funds includes all expenditure incurred by the Company to raise funds for its
charitable purposes and includes costs of all fundraising activities events and non-charitable trading,
Expenditure on charitable activities is irscurred on directly undertaking the activities which further the
Company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.4 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Company,. this is normally upon notification of the interest paid or payable by the
inslitulion with whom the funds are deposited.
2.5 Intangible assets and amortisation
Intangible assets C05ting £500 or mare are capitalised and recognised when future economlc
benefits are probable and the cost or value of the asset Can be measured r81iably.
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible
assets are measured at cost less any accumulated amortisation and any accumulated impairment
losses.
Amortisation is provided on intangible assets at rates calculated to write off the cost of each asset on
a straight-line b8sis over ils expected useful life.
Amortisatlon Is provided on the following basis:
Licence5
20 0/0 Straight line
2.6 Tangible fixed assets and depreciation
Tangible fixed assets C05ting £500 or more ar8 capitali5ed and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After r8cognition. under the cost madel, tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred to bring a tangibl8 fsxed asset into its intended working condition should be
included in the measurement of cosl.
Page 32

WAVE TRAUMA CENTRE
(A company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies (contlnued)
2.6 Tangible fixed assets and depreciatlon (contlnuedl
Depreciation is charged so as to allocate the c05t of tangible fixed assets less their residual value
over their estimated useful lives,
Depreciation is provided on the following bases:
Freehold property
Fixtures & fittings
Motor vehicles
Fixture5 and fittings
Computer equipment
25 /0 Straight line
25 /0 Straight line
250/0 Straight line
25C/o Straight line
2.7 Investments
Fixed asset investments are a form of financial instrument and aro initially recognised at their
transaction cost and subsequently rneasured al fair value at the Balance sheet date, unless the value
cannot be measured reliably in which case it is measured at cost less impairment. Invgstment gains
and losses, whether realised or unrealised, are combined and presented as 'GainsllLossesl on
investments, in the Statement of financial activities.
Investments held a5 fixed assets are shown at cost less provision for impairment.
2.8 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid nel of any trade discounls due.
2.9 Cash at bank and in hand
Cash at bank and In hand includes cash and short-term highly Ilquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.10 Liabilities and provisions
Liabilities are recognised when there is an obligation 8t the Balance sheet date as a result of a past
event. it is probable that a transfer of economic benefit will be required in settlement, and Ihe amount
of the settlemenl can be estimated reliably.
Liabilities are recognised at the amount that the Company antlcipates il will pay lo settle the debt or
the amount it has received as advanced payments for the good5 or services it must provid8.
Provlslons are measured at the best estimate of the amounls required to settle the obligalion. Where
the effect of the time value of money is material. the provision is based on Ihe present value of those
amounts, discounted at the pre-tax discount rate Ihat reflects the risks specific to the liability. The
unwinding of the discount is r8cognised in thg Statemant of financial activities as a finance cost.
Paqe 33

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies (continued)
2.11 Flnan¢ial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognise(S at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
2.12 Pensions
The Company operates a defined contribution pension scheme and the pension charge represents
the amounts payable by the Company to th8 fund in respect of the year.
2.13 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Company and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordance wilh specific restrictions imposed by
donors or whiGh have been raised by the Company for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statement5.
Investment income, gains and losses are allocated to the appropriate fund.
Paoe 34

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Income from donations and legacies
Unrestricted
funds
2023
Total
funds
2023
Staff donations G.A.Y.E
Other donations
Other voluntary income
10,593
4,206
10,593
4,206
14,799
14.799
UnrestriGted
funds
2022
Total
funds
2022
Other donations
Other voluntary income
17,390
1,670
77.390
1,670
19,060
19,060
Page 35

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Income from charitable activities
Restrlcted
funds
2023
Total
funds
2023
Victims Support Programme
Belfast City Council
TEO
1.805,730
5,000
221,492
319,429
39,066
480,438
1,805,730
5,000
221,492
319,429
39,066
480,438
HIA HWB Contract
MBMLW
PEACE IV
BHSCT
National Lottery Community Fund
VSS - TPDPS
Department of Foreign Affairs
Funds Ireland
Training income
4,735
446,676
280
37.631
81.284
4,735
446,676
280
37,631
81,284
3,441,761
3,441,761
PEACE IV
PEACE IV Trauma Education 134,833
PEACE IV HWB
217,658
PEACE IV Training
20,103
PEACE IV Social Isolation
62,279
PEACE IV Peacebuilding
23,516
PEACE IV RLE
10.000
PEACE IV FamilyTherapy
TEO
TEO GAP Trauma Education 101,504
TEO GAP HWB & Advocacy 118,462
TEO
221,492
480,438
Page 36

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Income from charitable activities (continued)
Restricted
funds
2022
Total
funds
2022
Victims Support Programme
PEACE IV Training
PEACE IV Trauma Education
HIA HWB Contract
PEACE IV Social Isolation
PEACE IV HWB
BHSCT
National Lottery Community Fund
VSS-TPDPS
PEACE IV Peacebuilding
Funds Ireland
Training income
1,597.515
8.934
177,012
514.687
37,945
260,911
34, 136
2,231
311,464
226
4, 502
35,172
1.597,515
8, 934
177,012
514.687
37.945
260,911
34,136
2,231
311,464
226
4,502
35,172
2,984, 735
2,984, 735
Income from other trading activities
Income from fundraising events
Unrestricted
funds
2023
Total
funds
2023
Fundraising events
Compensation Agency
10.884
165
10,884
165
11.049
11.049
Page 37

WAVE TRAUMA CENTRE
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Income from other trading a¢tlvities (continuedl
Income from fundraising events (continued)
Unrestricted
funds
2022
Total
lunds
2022
Fundraising ev8n15
Compensation Agency
4,202
105
4,202
105
4,307
4,307
Investment income
Unrestricted
funds
2023
Total
funds
2023
Income from UK listed investments
Bank interest receivable
1,392
179
1,392
179
1,571
1,571
Unrestricted
ftinds
2022
Total
funds
2022
Income from UK listed investments
Bank interest receivable
974
974
976
976
Page 38

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Expenditure on raising funds
Costs of raising voluntary income
Restricted Unrestricted
funds
funds
2023
2023
Total
funds
2023
Raising funds
Allocated centrally incurred fundraising and governance
costs
216
216
2,826
1,979
4,805
2,826
2.195
5,021
Paqe 39

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Expenditure on raising funds (Gontinued)
Cost5 of raising voluntary income (continupdl
Restricted UnTrstricted
fLJnds
funds
2022
2022
Total
funds
2022
Raising funds
Allocated centrally incurred fundraising and governance
costs
216
216
2.826
7, 769
10.595
2. 826
7,985
10,811
Analysis of expenditure on charitable activities
Summary by fund type
Restricted Unrestricted
funds
fund5
2023
2023
Total
2023
Victims Support Programme
TPDPS
Department of Foreign Affairs
Other Charitable Activities
Local Government
TEO
1,756,256
443,801
280
117,285
6.526
219,968
317.428
458.961
39.067
18.781
4,735
1,756,256
443,801
280
121.945
6,526
219,968
317,428
458,961
39,D67
18,781
4,735
4.660
HIA HWB Contract
PEACE IV
MBMLW
Funds Ireland
National Lottery Community Fund
3,383,088
4,660
3,387.748
Paoe 40

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Analysis of expenditure on charitable aGtivities (continued)
Summary by fund type (continued)
PEACE IV
PEACE IV Trauma Education 114,102
PEACE IV HWB & Advocacy 217,659
PEACE IV Training
20,103
PEACE IV Social Isolation
61,531
PEACE IV Peacebuilding
23.516
PEACE IV RLE
10,000
PEACE IV Farnily Therapy
TEO
TEO GAP HWB & Advocacy 118,463
TEO GAP Trauma Education 101505
219,968
458,961
Restricted Unrestrict8d
funds
funds
2022
2022
Total
2022
Victims Support Programme
Belfast Health & Social Care Trust
TPDPS
PEACE IV Social Isolation
Other Charitable Activities
Local Government
PEACE IV Trauma Education & Training
HIA HWB Contract
PEACE IV HWB & Advocacy
PEACE IV Peacebuilding
Funds Ireland
National Lottery Community Fund
1.528.772
40,374
305.420
38. 786
119,221
140
198,805
257.917
260,911
226
4.502
2,231
1,528, 772
40.374
305,420
38, 786
123,632
140
198.805
257,917
260.911
226
4, 502
2,231
4.411
2, 757.305
4,411
2,761,716
Page 41

WAVE TRAUMA CENTRE
(A Gompany limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Analysis of expenditure by activities
Actlvlties
undertaken
directly
2023
Support
costs
2023
Total
funds
2023
Victims Support Programme
TPDPS
Department of Foreign Affairs
other Charitable Activities
1,539,281
428,568
280.
18,110
6,526
218,321
268,294
455,614
35,340
216,975
15,233
1,756,256
443,801
280
121,945
6,526
219,968
317,428
458,961
39,067
18,781
4,735
103,835
Local Government
TEO
HIA HWB Contract
1,647
49,134
3,347
3,727
18.781
PEACE IV
MBMLW
Funds Ireland
National Lottery Community Fund
4,735
2,975,069
412,679
3,387,748
Page 42

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Analysls of expenditure by activlties (contlnuedl
Activities
undertaken
directly
2022
Support
costs
2022
Total
funds
2022
Victims Support Programme
Belfast Health & Sooial Care Trust
TPDPS
PEACE IV Social Isolation
other Charitable Activities
Local Government
PEACE IV Trauma Education & Training
HIA HWB Contract
PEACE IV HWB & Advocacy
PEACE IV Peacebuilding
Funds Ireland
National Lottery Community Fund
1,329.981
36.348
296,341
38. 786
31,018
140
198.805
214,644
258, 809
226
198.791
4, 026
9.079
1,528, 772
40.374
305,420
38, 786
123, 632
140
92.614
198,805
257.917
260,911
226
43,273
2,102
4, 502
4.502
2,231
2,231
2,407,329
354,387
2,761,716
Analysis of direct costs
Vlctlms
Support
Programme
2023
Other
Charitable
Activities
2023
BHSCT
2023
TPDPS
2023
DOFA
2023
staff costs
Counselling expenses
Complementarytherapy
Software Lic9n¢e
Programme costs
Membership fees
Recruitment costs
Printing, postsge & stationery
Supervision costs
965,245
299,437
130,008
14,109
91.737
904
6,896
30,855
90
419,927
7,295
(180)
2,997
280
11.191
1,820
1.786
2,038
(196)
1.539,281
428.568
280
18.110
Page 43

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Analysis of expenditure by actlvities (continued)
Analysis of dlrect costs (continued)
Local
Government
2023
HIA HWB
Contract
2023
TEO
2023
PEACE IV
2023
MBMLW
2023
Staff ￿St8
Counselling Expenses
Complementary therapy
Software Licence
Programme costs
Membership fees
Recruitment costs
Printing, postage & stationery
Supervision costs
174,331
185,032
43,224
7,620
2,823
24,897
310,540
31.818
735
480
58
1,681
6,526
40,552
127,343
129
2,514
2,055
43
210
315
3,438
17,731
6,526
218,321
268,294
455,614
35,340
National
Lottery
Community
Fund
2023
Total
funds
2023
staff costs
Counselling Expenses
Complementary Therapy
Software Licence
Programme Costs
Membership Fees
Recruitment Costs
Printing, postage & 51ationery
Supervision GOStS
2,094,188
343,216
138,108
19,987
308,942
2,724
8,854
35,421
23,629
4,735
4,735
2,975,069
Page 44

WAVE TRAUMACENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Analysis of expenditure by activities {continued)
Analysis of direct costs (continued)
PEACE IV
PEACE IV Trauma Education 114,102
PEACE IV HWB & Advocacy 214,312
PEACE IV Training
20,103
PEACE Vl Social Isolation
61,531
PEACE Vl Peacebuilding
23,516
PEACE VI RLE
10,000
PEACE Vl Family Therapy
TEO
TEO GAP HWB & Advocacy 116,816
TEO GAP Trauma Education 101505
218,321
455,614
Victims
Support
Programmo
2022
PEACEIV
Social
Isolation
2022
Other
Charitable
Activiligs
2022
BHSCT
2022
TPDPS
2022
Staff costs
Counselling expenses
Complementary therapy
Software Licence
Programme costs
MembGrship fees
Recruitment costs
Printing, postage & stationery
Supervision costs
986,420
222,868
58.247
15,238
24,366
1,255
2, 703
18,884
34,605
1,050
203.824
78,735
8.400
2.178
12.751
38, 786
17.836
453
2, 746
431
650
1,329,981
36,348
296.341
38, 786
31.018
Page 45

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Analysis of expendlture by activitles {continued)
Analysis of direct costs {continuedl
PEACE IV
Trauma
Local Education &
Gov9rnm9nl
Training
2022
2022
PEACE IV
PEACE IV
HWB & Peacebuildin
Advocacy
2022
HIA HWB
Contracl
2022
2022
Staff costs
Counselling expenses
Complementary therapy
Software Licence
Programme costs
Membership fees
Recruitment costs
Printing, postage & stationery
Supervision costs
134,111
163,508
33,978
1,814
2,146
9.359
244,821
140
64,694
226
457
1.457
1,925
13,988
140
198, 805
214,644
258,809
226
Mational
Lottery
Community
Fund
2022
Total
funds
2022
staff costs
Counselling expenses
Complementary therapy
So￿are Licenc8
Programme costs
Membership fees
Recruitment costs
Printing, postage & stationery
Supervision Gosts
1, 780,040
336.771
68.461
19,562
157.498
1,708
6,337
20.389
Y6.563
2.231
2.231
2,407,329
Paqe 46

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Analysis of expenditure by activities {continued)
Analysis of support costs
Victlms
Support
Programme
2023
other
Funds
2023
BHSCT
2023
TPDPS
2023
TEO
2023
Depreci81ion
Rent payable
Rates & water charges
utilities
Repairs & maintenance
Insurance
Premises costs
Vehic18 Costs
Travelling expenses
Computer equipment & software
Office furniture & equipment
Telephone
General expenses
101,732
72,482
2,712
36,874
15,983
9,713
19,493
1,567
16,771
20,041
1,754
18,479
1,106
736
(565)
55
313
68
1,540
294
750
4.390
2.901
622
1,647
5,678
49
505
216,975
15,233
103.835
1.647
Page 47

WAVE TRAUMA CENTRE
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Analysls of expenditure by actlvitiès Icontlnued)
Analysis of support costs (continued)
PEACE IV
HWB&
Advocacy
2023
Funds
Ireland
2023
Total
funds
2023
HIA HWB
2023
MBMLW
2023
Depreciation
Rent pay8ble
Rates & water charges
Utilities
Repairs & maintenance
Insurance
Premises costs
Vehicle costs
Travelling expenses
Computer equipment & SOf￿are
Office furniture & equipment
Telephone
Genaral expenses
101,732
94,482
3,733
45,649
16,751
13,337
45,145
1,567
29,617
27.882
1,754
28,885
2,145
22.000
285
9.027
645
2,010
5,827
74
18,781
2,272
2,451
3,347
568
2,489
4,132
485
596
49.134
3,347
3,727
18,781
412,679
Page 48

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Analysis of expendlture by actlvlties (continued)
Analysis of support costs (contlnued)
Victims
Support
Programme
2022
Other
Charitable
Activities
2022
PEACE IV
Trauma
Education
2022
BHSCT
2022
TPDPS
2022
Depreciation
Rent payable
Rates & water ¢h8rges
Utilities
Repairs & maintenance
Insurance
Premises costs
Travelling expenses
Computer equipment & SOf￿are
Telephone
General expenses
90,213
70,300
2. 136
22,146
39, 829
7,051
12,147
4.595
24,271
14,722
1,594
794
916
2, 754
1.043
4, 022
2, 733
1.227
54
855
397
20
691
798,791
4.026
9,079
92,614
PEACE IV
HWB&
Advocacy
2022
HIA HWB
ContraGI
2022
Funds
Ireland
2022
Total
funds
2022
TPDPS
2022
Depreciation
Rent payable
Rales & water charges
utilities
Repairs & maintenance
Insurance
Premises costs
Travelling expenses
Computer equipment & sof￿r9
Telephone
General expensos
90,213
86.556
3,018
27.974
49.958
12,185
17,849
12,359
32. 765
18.952
2.558
16,256
88
5,828
9,213
1.337
1,200
1.640
4, 906
2, 606
199
4, 502
2,102
43,273
2,102
4,502
354,387
Page 49

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Analysis of expendlture by activlties (continued)
Analysis of support costs (continued)
10. Auditors. remuneratlon
2023
2022
Fees payable to the Company's auditor for the audit of Ihe Companls
annual accounts
2,800
2,800
11.
staff costs
2023
2022
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
1,778,627
171,633
143,928
1,523,217
132,583
124,240
2,094,188
1, 780,040
The average number of persons employed by the Company during the year was as follows:
2023
2022
Outreach, Youth and Admin staff
Manager and supervisory staff
50
14
17
73
64
No employee received remuneration amounting to more than £60,000 in either year.
12. Trustees, remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2022 ~ £NIL).
During the year ended 31 March 2023. no Trustee expenses have been Incurred (2022 - £NIL).
Page 50

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
13.
Intangible assets
Licences
Cost
At 1 April 2022
37,934
At 31 March 2023
37,934
Amortisation
At 1 April 2022
Charge for the year
21,079
7.757
At 31 March 2023
28,836
Net book value
At 31 March 2023
9,098
At 31 March 2022
16,855
Page 51

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
15.
Fixed asset investments
Other fixed
Listed
asset
investments investments
Total
Cost or valuation
At 1 April 2022
Revaluations
70,085
{2,624)
7,326
(5,298)
77,411
17,9221
At 31 March 2023
67,461
2,028
69,489
Net book value
At 31 March 2023
67,461
2,028
69,489
At 31 March 2022
70, 085
7,326
77.411
16.
Debtors
2023
2022
Due within one year
Trade debtors
Propayments and accrued income
293,655
64,263
466,267
65,985
357,918
532,252
17.
Creditors: Amounts falling due wlthin one year
2023
2022
Bank overdrafts
Trade creditors
Other creditors
AGGruals and deferred income
183,282
640
119,837
349, 131
4, 708
132,251
303,767
486,090
Page 54

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
18.
Financial instruments
2023
2022
Financial assets
Financial assets measured at fair value through income and expenditure
542,151
442,368
Financial assets rneasured at fair value through income and expenditure comprise cash at bank & in
hand.
Page 55

WAVE TRAUMA CENTRE
(A company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
19. Statement of funds
statement of funds - current year
Balance at
31 March
2023
Balance at 1
April 2022
Gainsl
(Losses)
Income Expenditure
Unrestrlcted funds
General Funds 1
476,135
27,419
(6,855)
(7,9211
488,778
Restricted funds
Restricted Fund 1
818,519
3,441,761
13,385,914)
874,366
Total of funds
1,294,654
3,469,180
13,392,769)
(7,921) 1,363,144
Page 56

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
19. Statement of funds (continued)
statement of funds prior year
Balance al
31 March
2022
Balanc9 al
1 April 2021
Gainsl
(Losses)
Incom8 Expendilure
Unrestrlcted funds
General Funds 1
460, 054
24,343
(12,396)
4, 134
476,135
Restricted funds
Restricted Fund 1
593,915
2,984, 735 (2. 760.131)
818.519
Total of funds
1, 053,969
3,009,078 (2, 772,527)
4.134
1, 294, 654
20. Summary of funds
Summary of funds - current year
Balance at
31 March
2023
Balance at 1
Aprll 2022
Galnsl
(Losses)
Income Expenditure
General funds
Restricted funds
476,135
818,519
27,419
3,441,761
{6,855)
(3,385,914)
(7,921)
488,778
874,366
1,294,654
3,469,180
13,392,769)
(7,9211 1,363,144
Summary of funds - prior year
Balance al
31 March
2022
Balance al
l April 2021
Gains/
(Losses)
Incom9 Expenditure
General funds
Restricted funds
460,054
593,915
24,343
(12,396)
2, 984, 735 {2. 760. 131)
4, 134
476. 135
818,519
1,053,969
3,009,078 (2, 772.527)
4, 134
1,294. 654
Page 57

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
21. Analysis of net assets between funds
Analysis of net assets between fund5 - current year
Restricted Unrestricted
funds
funds
2023
2023
Total
fund5
2023
Tangible fixed assets
Intangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
636.531
8,614
51,724
484
69,489
367,081
688,255
9,098
69,489
900,069
(303,7671
532.988
1303,767)
Total
874,366
488,778
1,363,144
Analysis of net assets between funds - prior year
Re5tnGted Unrestricted
funds
funds
2022
2022
Total
funds
2022
Tangible fixed assets
Intangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
655,928
15,121
55,930
1, 734
77,411
341,060
711,858
16.855
77,411
974.620
(486, 090)
633,560
(486,090)
Total
818.519
476, 135
1, 294,654
Page 58

WAVE TRAUMA CENTRE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
22.
Reconciliation of net movement in funds to net cash flow from operating activities
2023
2022
Net income for the year (as per Statement of Financial Activities)
68,490
240.685
Adjustments for:
Depreciation charges
Gainsl{losses) on investments
Decreasel{increase) in debtors
Increasel{decreasel in creditors
Purchase of fixed assets
101,731
90,213
7,921
(4, 134)
174,335
(89,125)
(182,323)
199,648
(70,371) (328. 723)
Net cash provlded by operatlng actlvitles
99,783
108,564
23. Analysis of cash and cash equlvalent5
2023
2022
Cash in hand
542,151
442,368
Total cash and cash equivalents
542,151
442,368
24. Analysis of change5 in net debt
At 1 April
2022 Cash flows
At 31 March
2023
Cash at bank and in hand
Bank overdrafts repayable on demand
442,368
99,783
{8)
542.151
(81
442,368
99,775
542,143
25.
Pension commitments
The company operates a defined Gontribution pension scheme. The assets of the scheme are held
separately in an independently administered fund. The pension c05t charge represents contributions
payable by the company to the fund and amounted to £143,928 (2022- £124,240).
Page 59